4 Best Solar Companies in Farmington, NM (2023 Reviews)
We analyzed over 1500 solar companies in the nation,
and have selected the top 4 in Farmington based on:
-
Customer review scores - Service area for Farmington, NM
- Company policies and services offered
- Accreditations and certifications
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Average Farmington homeowner saves $1,643/year with solar panels
Updated September 15, 2023
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Best Solar Companies in Farmington
If you're a home or business owner looking to make use of the solar incentives in Farmington, it can be hard to narrow down which installer to choose. But, it's worth it since adopting solar energy is often a great choice. With very high levels of average daily sunlight in Farmington, the solar industry is booming. An underrated driver of this has been New Mexico's statewide programs that encourage residential and commercial solar panel installation.
In this article, we'll help you narrow in on the top options in your area. If you're ready to start receiving free, no-obligation quotes from the best Farmington solar installers, you can click the button below to learn more.
EcoWatch Rankings for Solar Companies in Farmington
Solar Works!
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Reliable Customer Support - Informative Resources
- Clear Pricing Policy
- Free Quotes
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Limited information available on website
Services Offered
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Integrated roofing - Expert panel installation
- Energy storage solutions
- End-to-end services
- Tailored solutions
- Business installations
- Home installations
Shaw Solar of Durango
- Reliable Customer Support
- Clear Pricing Policy
- Informative Resources
- Free Quotes
- Limited information available on website
Services Offered
- Business installations
- Expert panel installation
- Energy storage solutions
- Home installations
- End-to-end services
- Tailored solutions
Living Solar
- Free Quotes
- Reliable Customer Support
- Informative Resources
- Limited information available on website
Services Offered
- Integrated roofing
- Home installations
- Business installations
- Expert panel installation
- Tailored solutions
SOCO Solar Energy
- Informative Resources
- Reliable Customer Support
- Clear Pricing Policy
- Free Quotes
- Limited information available on website
Services Offered
- Energy storage solutions
- Tailored solutions
- Home installations
Methodology: How We Ranked the Best Solar Companies in Farmington
EcoWatch's solar experts analyzed each solar company in Farmington based on criteria such as its reputation in the industry, customer reviews, services, warranty coverage and financing. Using this solar methodology, we used the data we collected to rate and rank each company and narrow down our picks for the best solar companies in Farmington
Below are some the criteria we examined specifically for New Mexico solar companies
- Brand reputation and certifications (20%): We take each company's Better Business Bureau (BBB) score into consideration, as well as how long the installer has been in business (at least 5 years is required, 10 preferred) and what type of solar certifications it holds.
- Customer reviews (20%): Trust is a top priority at EcoWatch, so we take customer experience under close consideration. We scour different review sites and customer testimonials when ranking our top solar companies, checking sites such as Trustpilot and Google Reviews. We also consider any potential complaints or lawsuits filed against these companies and award or remove points accordingly.
- Warranty (20%): A company earns a perfect score in this category if it offers 25-year warranties that cover performance, product and workmanship. The industry standard that we measure companies against is 25-year product and performance warranties, along with a 10-year workmanship warranty. We also look closely into the track record of the post-installation support each company provides in terms of honoring its contracts
- Solar services (10%): All of the companies we review install solar panels, but we award companies higher points if they offer additional services for customers, like battery installation, energy-efficiency audits, and EV chargers.
- Pricing and financing (10%): It's hard to get exact quotes for solar projects, but we use marketplace research to determine how each company prices its equipment and installation services. Additionally, companies that offer more help for panel financing — like in-house loans, leases, or PPAs — score higher than those that don't.
- Availability (10%): The bigger the service area, the higher the company will score.
- Transparency and accessibility (5%): Solar installers that offer free consultations and easy contact methods score higher in this category.
- Environmental, social and corporate governance factors (5%): A company earns a perfect score in this category if it offers public data disclosure, addresses end-of-life (EOL) products or processes, and demonstrates a commitment to uplifting the communities that it serves.
The Cost and Benefits of Solar in Farmington
The cost of putting up a solar panel system has dropped immensely over the past several years, but it's still a significant investment for most homeowners. Some main factors that influence how much it will cost to install a solar panel system on your home and how much it could save you over time are:
- The make and model of solar panels you want to get: Some are more costly, so that will influence your budget for your solar project.
- The amount of sunlight your city gets: Because of Farmington's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
- How much energy costs for you: If your local energy rates are quite high, there's a good chance you'll have a higher return on your investment in solar panels. In Farmington, you can save an average of $99 a month on your electricity bills.
- Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $20,000 over the first 20 years with your solar system, too.
There are many great benefits of solar despite the upfront cost of installation. It can help the planet and your finances. Plus, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.
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If you're wondering what your impact could be if you switch to solar, you can use the calculator below. You can also view our solar panel cost guide for Farmington, NM.
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Solar Incentives in Farmington
Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money in the long term because of smaller utility bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially stack the ITC with other state and city incentives. You can find out about the incentives you can take advantage of in our article on solar incentives
Environmental Impact of Switching to Solar in Farmington
One of the best reasons to embrace solar energy is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can installing solar panels actually help the environment? The more power you use, the the more the environment will benefit when you switch to solar since you won't need to rely on traditional energy sources as much. Once you go solar, your carbon emissions can be reduced by about 100 pounds each year. The perks of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.
EcoWatch's Farmington, NM Solar Company Rankings FAQs
What is the best solar installation company in Farmington?
In Farmington, Farmington Electric Utility is the most reputable local solar company. Our team of experts rates it 3.00 stars, so it's a great choice if you're planning to add solar panels to your home.
What are some of the major advantages and disadvantages of installing solar panels?
The greatest advantages of solar power are that it can decrease or, in some cases, completely erase your electricity bills, improve your home's value and lower your carbon footprint. The greatest disadvantages are that solar panels can be costly to install, you may not save a lot if you don't use a lot of electricity and it doesn't work for all roof types and locations.
How long does it take for solar to pay for itself?
The average payback period for solar panel installation is about 9.1 years, but the exact period varies by the cost of electricity where you are, incentives and net metering programs.
What is solar panel capacity and how much do I need for my house?
Solar panel capacity is rated depending on how much power they generate under standard testing conditions. Since each panel can usually produce about 250 to 400 watts per hour, the average house will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.